Having a farm might be the dream of a lot of people or a new project to develop. Its purpose depends on your necessities, it could be a place to retire or even to start a business. Buying a farm in Costa Rica involves a lot of factors but specifically, what should you know?
This is a big investment and you should analyze it thoroughly. Depending on your goals, take into consideration different aspects that will help you to make the final decision of purchasing the farm or not.
Types of farms
- Production Farm
This is the one for creating a productive operating business, whether it be agricultural, energy, or other use of the land. As the name says , production farms are destine to a specific activity that generates profit, they usually have specific clients. Some examples are: cattle raising, agriculture, aviculture and energy.
- Development Farm
Development farms are suitable for heavy investment in infrastructure for residential, commercial, or other projects with activities such as: hospitality, touristic, industrial, commercial or residential real estate. Purchasing a development farm in Costa Rica has focused most recently in large scale commercial projects and residential developments.
- Conservation Farm
Purchasing farms in Costa Rica that are destined to protect flora and fauna and also important aquifer zones can generate true value. This can be a great option if you’re are looking for a project to invest in. In Costa Rica there are different systems in which a conservation farm can be registered. One of them is payment for environmental services of the FONAFIFO.
Conservation farms are more likely to have limitations because of their nature. If there are woods, the can not be cut down or use that space for construction.
Location
Once you have decided the purpose of your farm, you should evaluate different options depending on the geographic location. If you are looking for a cattle farm, conditions such as weather and land have to be ideal according to its purpose.
Location also affects directly the value of the property. The more hectares a property has, the higher the value, but there are other things such as: accessibility, closeness to services, type of land and unevenness.
Look for a profesional to guide you in this process and contemplate every detail when considering buying a farm in Costa Rica. In our team Nativu Farms, we have a specializes advisor who is willing to share his bast experience and help you to achieve your ideals according to your necessities.
